, and using a two-sector growth model, I project the future growth rate of GDP per hour in the market sector to be 2.61% p … productivity but not necessarily on its long run growth rate. I therefore predict that the UK will eventually return to the growth …

This paper develops a model of economic growth and activity locating endogenously on a 3-dimensional featureless global … geography. The same economic forces influence simulataneously growth, convergence, and spatial agglomeration and clustering … egalitarian growth. Equality is stable but spatial inequality is needed to attain it. …

potential explanation for these puzzles by nesting the above theories in a multi-location model with trade costs. Using a number …

Median voter theory applied to trade policy predicts positive tariffs in capital-abundant countries and negative … component and a positive in terms of trade component. Positive terms of trade effects raise tariffs in all countries, and can …-abundant countries. As expected, terms of trade effects raise tariffs across all countries and are stronger among non-members of the WTO. …

The theoretical result that there are welfare gains from trade is a central tenet of international economics. In a … class of trade models that satisfy a "gravity equation," the welfare gains from trade can be computed using only the open … economy domestic trade share and the elasticity of trade with respect to variable trade costs. The measured welfare gains from …

, trade is more sensitive to trade costs if the exporting country only provides a small share of the destination country …'s imports. As a result, trade costs have a heterogeneous impact across country pairs, with some trade flows predicted to be zero …

This paper extends a recent class of quantitative models of international trade to incorporate factor mobility within … trade can be augmented to obtain predictions for endogenous changes in the distribution of economic activity across regions … within countries. A region's trade share with itself is no longer a sufficient statistic for the welfare gains from trade …

This paper examines the role of international trade in the reallocation of U.S. manufacturing activity within and … across industries from 1977 to 1997. It introduces a new measure of industry exposure to international trade, motivated by … that plant survival as well as output and employment growth are negatively associated with the share of industry imports …